
AGM/EGM26 Aug 2026, 07:00 pm
Piramal Finance to hold EGM for ₹1750 Cr preferential issue
AI Summary
Piramal Finance Ltd has announced an Extraordinary General Meeting (EGM) scheduled for September 19, 2026. The primary agenda is to seek shareholder approval for a preferential issue of warrants convertible into equity shares. This private placement aims to raise capital up to ₹1750.03 crore from Nithyam Realty Private Limited, a promoter group entity. The meeting will be conducted via Video Conferencing/Other Audio Visual Means.
Key Highlights
- EGM scheduled for September 19, 2026.
- Seeking approval for preferential issue of warrants.
- To raise up to ₹1750.03 crore.
- Issue to Nithyam Realty Private Limited (Promoter Group).
Price Impact
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